Good to hear crypto is declining. I was getting worried people were going to get sucked into mining the next currency someone was going to pull out of their ass. The nail in the coffin will be when the entire banking industry figures out how to change over to block chain technology.

Good to hear crypto is declining. I was getting worried people were going to get sucked into mining the next currency someone was going to pull out of their ass. The nail in the coffin will be when the entire banking industry figures out how to change over to block chain technology.

There is no way the entire banking industry can be here in the blockchain age. Just because of how our current money works (red pill here:

It is so different that even if banks/governments built a blockchain currency no one would use it, unless you force people to. Blockchains are just open source network protocols. As such everyone could see in the code how it would hurt them financally if they used the bank blockchain. Because blockchain currencies are competing with each other (and soon enough also with your local currency) only those who are forced / are in debt will remain using rigged currency.

Good to hear crypto is declining. I was getting worried people were going to get sucked into mining the next currency someone was going to pull out of their ass. The nail in the coffin will be when the entire banking industry figures out how to change over to block chain technology.

There is no way the entire banking industry can be here in the blockchain age. Just because of how our current money works (red pill here:

It is so different that even if banks/governments built a blockchain currency no one would use it, unless you force people to. Blockchains are just open source network protocols. As such everyone could see in the code how it would hurt them financally if they used the bank blockchain. Because blockchain currencies are competing with each other (and soon enough also with your local currency) only those who are forced / are in debt will remain using rigged currency.

I watched this really cool documentary on Netflix called "Banking on Bitcoin" that broke down crypto currencies and did a great explaination of blockchain for dummies. The conclusion they seemed to tell the viewers is that crypto gets its strength from being able to be transferred anywhere around the world without time or fees being applied to it like it does currently in the banking industry. I'd imagine at some point the banks will figure it out since most people in the world depend on current banks

Good to hear crypto is declining. I was getting worried people were going to get sucked into mining the next currency someone was going to pull out of their ass. The nail in the coffin will be when the entire banking industry figures out how to change over to block chain technology.

There is no way the entire banking industry can be here in the blockchain age. Just because of how our current money works (red pill here:

It is so different that even if banks/governments built a blockchain currency no one would use it, unless you force people to. Blockchains are just open source network protocols. As such everyone could see in the code how it would hurt them financally if they used the bank blockchain. Because blockchain currencies are competing with each other (and soon enough also with your local currency) only those who are forced / are in debt will remain using rigged currency.

I watched this really cool documentary on Netflix called "Banking on Bitcoin" that broke down crypto currencies and did a great explaination of blockchain for dummies. The conclusion they seemed to tell the viewers is that crypto gets its strength from being able to be transferred anywhere around the world without time or fees being applied to it like it does currently in the banking industry. I'd imagine at some point the banks will figure it out since most people in the world depend on current banks

Banks wouldnt need a blockchain to cut fees and make account transfers seem instant. But actually most people in the world do not have a bank account and are not able to get one.

Good to hear crypto is declining. I was getting worried people were going to get sucked into mining the next currency someone was going to pull out of their ass. The nail in the coffin will be when the entire banking industry figures out how to change over to block chain technology.

There is no way the entire banking industry can be here in the blockchain age. Just because of how our current money works (red pill here:

It is so different that even if banks/governments built a blockchain currency no one would use it, unless you force people to. Blockchains are just open source network protocols. As such everyone could see in the code how it would hurt them financally if they used the bank blockchain. Because blockchain currencies are competing with each other (and soon enough also with your local currency) only those who are forced / are in debt will remain using rigged currency.

I watched this really cool documentary on Netflix called "Banking on Bitcoin" that broke down crypto currencies and did a great explaination of blockchain for dummies. The conclusion they seemed to tell the viewers is that crypto gets its strength from being able to be transferred anywhere around the world without time or fees being applied to it like it does currently in the banking industry. I'd imagine at some point the banks will figure it out since most people in the world depend on current banks

Banks wouldnt need a blockchain to cut fees and make account transfers seem instant. But actually most people in the world do not have a bank account and are not able to get one.

https://globalfindex.worldbank.orgI guess I needed to be more specific with who as far as the amount of people getting bank accounts. If you think banks don't need blockchain to cut overhead (fees) then I'm going to go ahead and exit the debate and differ to you on this.